Fed To Spend $600 Billion More To Help Boost US Economy -- CNBC
The Federal Reserve launched a controversial new policy on Wednesday, committing to buy $600 billion more in government bonds by the middle of next year in an attempt to breathe new life into a struggling U.S. economy.
The decision, which takes the Fed into largely uncharted waters, is aimed at further lowering borrowing costs for consumers and businesses still suffering in the aftermath of the worst recession since the Great Depression.
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More News On Today's US Fed Decision
New York Fed's Statement Regarding More Purchases of Treasury Securities -- Bloomberg
Fed to buy $600 billion in bonds to aid economy -- Yahoo News/AP
Fed takes bold, risky step to bolster economy -- Yahoo News/Reuters
Fed resumes massive spending to spur recovery -- Yahoo News/AFP
Fed Will Buy $600 Billion in Debt, Hoping to Spur Growth -- New York Times
Fed to Buy $600 Billion of Treasurys -- Wall Street Journal
QE2: Fed pulls the trigger -- CNN
After the Midterms: Federal Reserve Pumps $600 Billion Into Economy -- ABC News
Fed launches new round of easing -- Financial Times
Full speed ahead -- The Economist
QE2 risks currency wars and the end of dollar hegemony -- The Telegraph
Enter QE2, followed by dollar drama and hope -- Business Times
The Global Monetary System in Crisis: The Currency War Is Leading to a Trade War -- Global Research
G-20 seeks to stop currency war -- Market Watch
What exactly is QE2? -- International Business Times
Why the Fed's Quantitative Easing Is Overblown This Time -- U.S. News And World Report
Will US printing money boost economy? -- BBC